This procurement process is to identify and appoint sole provider framework agreement to provide the services of a secure cash in transit service provider to ensure safe delivery of monies between the various parking and office collection points and other types of collections as defined in the tender documentation to the relevant bank’s nominated processing centre or nominated location.

Cambridgeshire County Council anticipates awarding the framework agreement to one service provider to start on 1.4.2020.

The authority currently utilises the services of a secure cash in transit service provider to ensure safe delivery of monies between their various parking, libraries, office collection and other ad-hoc collection points (as defined in the tender documentation) and their bank’s nominated processing centre. The authorities are looking to continue with these arrangements under this framework arrangement.

The solution will provide a flexible and secure service, focusing on cost reduction, secure and professional service and delivery, accuracy, fully auditable and sustainable service delivery.

It is difficult to predict the exact value of this contract, as the authority’s schedules are likely to vary over the contract term, but it is estimated that the total value is not expected to be less than 150 000 GBP or greater than 1 800 000 GBP; however, these figures are given as a guide only and not guaranteed.

The above figures are calculated by allocating the estimated (but not guaranteed) spends of Cambridgeshire County Council equating to approximately 50 000 GBP p.a. each, with an allowance of an additional 400 000 GBP p.a. (also not guaranteed) from other bodies accessing this framework. Access to this framework by such bodies shall solely be controlled and managed by LGSS Procurement or Cambridgeshire County Council and the successful providers shall not accept any instructions under this framework other than from LGSS Procurement or Cambridgeshire County Council.